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ExternalCrisis

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2013 is not 1991; but it feels much worse and matters more

Aug 20, 2013

2013 is not 1991; but it feels much worse and matters more

The economic crisis of 2013 is worse than 1991 because the pain this time is going to feel greater and the economy is being ineptly managed. #ToWhatEffect #Economic crisis #Foreign exchange #External Crisis #1991
Chidambaram plays Sonia's Shikhandi, but it won't save the rupee

Aug 13, 2013

Chidambaram plays Sonia's Shikhandi, but it won't save the rupee

The steps announced by the FM to reduce the CAD and save the rupee are really efforts to help UPA in an election year and not solutions to the economy's woes #Sonia Gandhi #P. Chidambaram #Indian rupee #CAD #External Crisis #Dollar-Rupee Rate #CAD Crisis
CAD: We're up the creek; only foreigners can lend us a paddle

Jan 04, 2013

CAD: We're up the creek; only foreigners can lend us a paddle

The external front has never been more worrisome - and we can't do a thing without foreign inflows. #FIIs #FDI #CAD #ExternalCrisis
Thank you, S&P: Why the rating agency did us a favour

Apr 26, 2012

Thank you, S&P: Why the rating agency did us a favour

S&P's downgrade of the India outlook is warranted for our current account is simply unsustainable and growth is about to hit a speedbreaker. #S&P #HowThisWorks #International Monetary Fund #Balance of trade #Country Rating #External Crisis